Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of February 25, 2019, it operated 330 distribution facilities worldwide. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.

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Community Sentiment

SYSCO has received 58.78% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SYSCO and other stocks. Vote “Outperform” if you believe SYY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SYY will underperform the S&P 500 over the long term. You may vote once every thirty days.

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SYSCO (NYSE:SYY) Frequently Asked Questions

How has SYSCO's stock been impacted by COVID-19 (Coronavirus)?

SYSCO's stock was trading at $55.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SYY shares have increased by 11.7% and is now trading at $61.59. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SYSCO?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SYSCO.

When is SYSCO's next earnings date?

How were SYSCO's earnings last quarter?

SYSCO Co. (NYSE:SYY) released its quarterly earnings results on Tuesday, May, 5th. The company reported $0.45 EPS for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.08. The business earned $13.70 billion during the quarter, compared to analyst estimates of $14.04 billion. SYSCO had a return on equity of 73.70% and a net margin of 2.30%. SYSCO's quarterly revenue was down 6.5% compared to the same quarter last year. During the same period last year, the company posted $0.79 earnings per share. View SYSCO's earnings history.

How often does SYSCO pay dividends? What is the dividend yield for SYSCO?

SYSCO declared a quarterly dividend on Friday, May 22nd. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.45 per share on Friday, July 24th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Wednesday, July 1st. View SYSCO's dividend history.

What price target have analysts set for SYY?

12 equities research analysts have issued 1-year target prices for SYSCO's stock. Their forecasts range from $47.00 to $94.00. On average, they anticipate SYSCO's share price to reach $69.34 in the next twelve months. This suggests a possible upside of 12.6% from the stock's current price. View analysts' price targets for SYSCO.

Has SYSCO been receiving favorable news coverage?

Media coverage about SYY stock has been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. SYSCO earned a daily sentiment score of 1.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutSYSCO.

Are investors shorting SYSCO?

SYSCO saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 14,170,000 shares, an increase of 33.4% from the April 30th total of 10,620,000 shares. Based on an average trading volume of 6,280,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.8% of the shares of the stock are sold short. View SYSCO's Current Options Chain.

Which institutional investors are selling SYSCO stock?

SYY stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Two Sigma Advisers LP, Nuveen Asset Management LLC, Hexavest Inc., Bahl & Gaynor Inc., Bessemer Group Inc., Canada Pension Plan Investment Board, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold SYSCO company stock in the last year include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, John M Cassaday, Paul T Moskowitz, Robert S Charlton, and Thomas Bene. View insider buying and selling activity for SYSCO.

Which institutional investors are buying SYSCO stock?

SYY stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Longview Partners Guernsey LTD, Capital International Investors, Yacktman Asset Management LP, Unigestion Holding SA, Alyeska Investment Group L.P., Sumitomo Mitsui Trust Holdings Inc., and APG Asset Management N.V.. Company insiders that have bought SYSCO stock in the last two years include Joshua D Frank, and Trian Fund Management, LP. View insider buying and selling activity for SYSCO.

How do I buy shares of SYSCO?

Shares of SYY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is SYSCO's stock price today?

One share of SYY stock can currently be purchased for approximately $61.59.

How big of a company is SYSCO?

SYSCO has a market capitalization of $31.26 billion and generates $60.11 billion in revenue each year. The company earns $1.67 billion in net income (profit) each year or $3.55 on an earnings per share basis. SYSCO employs 69,000 workers across the globe.